Gentherm Inc (THRM) Given Consensus Rating of “Hold” by Analysts
Shares of Gentherm Inc (NASDAQ:THRM) have received an average rating of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $40.43.
THRM has been the topic of a number of research reports. FBR & Co restated a “buy” rating on shares of Gentherm in a report on Thursday, September 14th. Zacks Investment Research upgraded shares of Gentherm from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Friday, July 7th. BMO Capital Markets boosted their target price on shares of Gentherm from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, July 14th. Roth Capital set a $33.00 target price on shares of Gentherm and gave the stock a “hold” rating in a report on Friday, July 28th. Finally, BidaskClub downgraded shares of Gentherm from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th.
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Gentherm (NASDAQ:THRM) last announced its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.33). The company had revenue of $235.85 million during the quarter, compared to analysts’ expectations of $235.94 million. Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS.
A number of large investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in Gentherm by 152,589.9% during the 1st quarter. BlackRock Inc. now owns 4,608,180 shares of the auto parts company’s stock valued at $180,872,000 after purchasing an additional 4,605,162 shares during the last quarter. Vanguard Group Inc. grew its holdings in Gentherm by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 3,227,072 shares of the auto parts company’s stock valued at $125,210,000 after purchasing an additional 14,890 shares during the last quarter. Disciplined Growth Investors Inc. MN grew its holdings in Gentherm by 39.3% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 1,885,661 shares of the auto parts company’s stock valued at $73,164,000 after purchasing an additional 532,415 shares during the last quarter. Van Berkom & Associates Inc. grew its holdings in Gentherm by 2.9% during the 2nd quarter. Van Berkom & Associates Inc. now owns 1,850,238 shares of the auto parts company’s stock valued at $71,789,000 after purchasing an additional 51,960 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Gentherm by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,470,298 shares of the auto parts company’s stock valued at $57,048,000 after purchasing an additional 14,626 shares during the last quarter. Institutional investors own 96.61% of the company’s stock.
Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.
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